Tax

Our Tax practice group houses five tax professionals in our Estonian office with diverse specialist and professional backgrounds, which, paired with years of experience and a proven track record, allow us to offer our clients the best support in day-to-day tax matters, managing tax risks, structuring M&A transactions and representing clients in the most complex taxation disputes. Our tax experts are recognised as top-tier advisors by leading independent legal directories, and COBALT has been nominated as Baltic States Tax Firm of the Year by the prestigious ITR European Tax Awards. We advise clients in tax disputes, tax structuring and tax advisory.

Our tax practice accumulates considerable experience in the following areas:

• Tax advisory

• Tax litigation

• Tax structuring services

Recent work highlight:

• Achieved a landmark success in Estonian tax practice as the Estonian Tax and Customs Board issued the first positive binding advance tax ruling on a debt push down structure. The ruling confirms that such acquisition structures can be applied, provided that the transaction has sufficient business rationale and economic substance, and that there is a genuine financing need for applying the structure.